Endometrial Ablation Market is Estimated to Experience a Notable Rise in the Span of Coming Years [2020-2027]

The endometrial ablation market studied was projected to grow with a double digit of CAGR over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of gynecological disorders like cervical cancer, menorrhagia, abnormal vaginal bleeding, and POCD or polycystic ovarian disease in women. According to World Health Organisation, cervical cancer is the fourth most frequent cancer in women with a projected 570,000 new cases in 2018 representing 6.6% of all female cancers. Approximately 90% of deaths from cervical cancer occurred in low- and middle-income countries. Furthermore, growing demand for minimally invasive surgical procedures are expected to propel the overall growth of the market. However, stringent regulatory policies constraints the market growth.

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The largest share of the segment is accounted to the factors such as high safety & fast recovery, increasing awareness related to this technique in developing countries, and high preference from several medical practitioners. Apart from the advantages of the devices the factors driving the segment growth are increasing prevalence of cervical cancer, menorrhagia and other gynecology disorders. According to Institute for Health Metrics and Evaluation, the number of cases of polycystic ovary syndrome were 2,128,998, globally or the year 2017. The large number of patients and increasing awareness of the devices and treatment is propelling the segment growth.

Based on devices, the global endometrial ablation market is divided into radiofrequency device, hydrothermal ablation device, electrical ablation device, cryoablation devices, thermal balloon ablation devices, hysteroscopy devices, and microwave endometrial ablation devices. Among these, radiofrequency device category is projected to witness maximum requirements as compared to other devices, as well as almost 58% of the total market in the forthcoming years.

The medical procedure utilized to destroy or eliminate the endometrial lining of the uterus for treating heavy bleeding during menstruation is known as endometrial ablation. Growing occurrences of menorrhagia along with the rising requirement for minimum invasiveness in procedures are projected to drive the growth of the endometrial ablation market in the forthcoming years.

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Strict government regulations for the approval of procedures and devices of endometrial ablation and risks related with it are projected to restrain the growth of the market. Factors like innovations and benefits in surgical techniques help the growth of the endometrial ablation market. Furthermore, this procedure offers some benefits over other surgical procedures. Procedures like shorter operating time, quicker recovery, minimum invasiveness, and pain levels are low. These factors rises the requirement for endometrial ablation market in the forthcoming years.

The key players included in the report are Boston Scientific Corporation, Hologic, Olympus Corporation, Minerva Surgical, Inc., Smith & Nephew Plc, The Cooper Companies, Inc., Karl Storz GmbH & Co. KG, Richard Wolf GmbH, Ethicon, LLC. (Johnson & Johnson), and Medtronic Plc.

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